Ahhh, Super Bowl Sunday: America’s premier football contest that doubles as a global media extravaganza. The hype seems to grow with each advancing Roman numeral.
Hopefully you cashed in during the game, but if not and you’re still looking for a little extra action, we’ve got a few ideas in the media realm.
Specifically, the analysts are high on media stocks a whole right now. So, let’s take a look at a few “buy” calls to cap off a gluttonous weekend of chips, sips and pigskin dips.
Walt Disney: Walt Disney Co (NYSE:DIS) saw its movie profits double this year to $1.5 billion — and that magic should continue, especially as the Marvel and LucasFilms divisions will contribute almost-certain blockbusters to a launch list of 21 major films over the next three years. Compare that to 13 over the past three.
Liberty Media: John C. Malone cashed in some of his Liberty Media Corp (NASDAQ:LMCA) holdings in early January, but that shouldn’t discourage potential investors. Eight on the nine analysts covering LMCA rate it a “buy,” and even the mean price target estimate among analysts has LMCA shooting 40% higher from current prices.
Twenty-First Century Fox: Twenty-First Century Fox Inc (NASDAQ:FOXA) just cracked the top 20 list of the most shorted stocks on the Nasdaq, but the analysts don’t quite agree with the shorts. Right now, the mean target price on FOXA is $40.67 — about 20% upside from here.
Time Warner: Led by the American Sniper winter windfall, Time Warner Inc (NYSE:TWX) stock is a “buy,” if you ask the analysts. Twenty-five of 32 analysts have TWX as a “buy” or “strong buy.” On average, they see 16% upside, though at least one thinks TWX could jump as much as 40%.
Comcast: Comcast Corporation (NASDAQ:CMCSA) had to spin some embarrassing news when reports surfaced that an employee created dummy retirement accounts and stole over $100,000. Comcast also is struggling to close on its acquisition of Time Warner Cable Inc (TWC). Still, 22 of 25 analysts think CMCSA is a “buy,” and project 20% gains from current prices.
As of this writing, Scott Michnick did not hold a position in any of the aforementioned securities.